The 353-room Edition is the first of a new brand that's a collaboration between hotelier Ian Schrager and Marriott International. It's at the western end of Waikiki, next door to the venerable 46-year-old Ilikai, but these neighbors couldn't be less alike.

The 353-room Edition is the first of a new brand that's a collaboration between hotelier Ian Schrager and Marriott International. It's at the western end of Waikiki, next door to the venerable 46-year-old Ilikai, but these neighbors couldn't be less alike. (Beverly Beyette)

The Ilikai, the first oceanfront high-rise luxury hotel in Hawaii when it opened in 1964, originally was a behemoth of more than 1,300 rooms; it now has 1,007 units, of which 203 are hotel rooms. The rest are time shares and condos.

The Ilikai, the first oceanfront high-rise luxury hotel in Hawaii when it opened in 1964, originally was a behemoth of more than 1,300 rooms; it now has 1,007 units, of which 203 are hotel rooms. The rest are time shares and condos. (Beverly Beyette)

This 38-story development is a hybrid, a condo building in which about 200 of the 462 condos are in a hotel rental pool. There are studios and one-, two- and three-bedroom units — about a dozen layouts — but essentially they are much the same: generic but comfortable.

This 38-story development is a hybrid, a condo building in which about 200 of the 462 condos are in a hotel rental pool. There are studios and one-, two- and three-bedroom units — about a dozen layouts — but essentially they are much the same: generic but comfortable. (Beverly Beyette)